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Today is the last chance to bet on the Proventus Agrocom IPO. The company’s IPO opened on 24 May. The price band of Proventus Agrocom IPO has been fixed at Rs 771. Let us tell you, the company’s performance in the gray market is getting better every day. Which can be considered as good signs.
What is GMP? (Proventus Agrocom IPO GMP Today)
The company is available at a premium of Rs 60 in the gray market as reported by top stockbrokers. GMP as on May 24 was Rs 56 per share. Whereas a day before that the gray market premium of Proventus Agrocom IPO was only Rs 46. Within 3 days, an increase of Rs 14 has been seen in GMP.
Stock giving 1658 percent return will split into 2 pieces, share on upper circuit
Proventus Agrocom IPO details
The price band of this IPO is Rs 771 per share. The company has fixed the lot size of 160 shares for the IPO. Which means an investor has to invest at least Rs 1,23,360. The company can allot shares on 31st. Let me tell you, the size of Proventus Agrocom IPO is Rs 69.54 crore.
What is the subscription status?
There was not much enthusiasm in the minds of investors regarding this IPO in the first two days. Only 4 percent subscription has been received on Wednesday and 26 percent on Thursday. Now it has to be seen what kind of response is seen from the investors regarding this IPO today.
